BP Eyes Sale of Non-Core North Sea Assets

摘要

BP is reportedly eyeing the sale of up to $1 billion worth of non-core assets in the North Sea as part of the group's ongoing di- vestment program to raise cash for its mas- sive Macondo liabilities. The UK major has approached several utili- ties and oil companies to gauge the level of in- terest in various non-core fields and infrastruc- ture ahead of a potential official auction worth in the region of $1 billion, according to the UK's Daily Telegraph newspaper on Tuesday.